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AAC Tax Code.

The National Internal Revenue Code of 1997 as it currently stands — consolidated by the firm to carry the TRAIN Law, the CREATE Act, the Ease of Paying Taxes Act, the VAT on Digital Services Act, CREATE MORE, the CMEPA and the amendatory laws in force to 1 August 2026, with a footnote at every provision naming the law that changed it.

Text current as at 1 August 2026. This is an unofficial consolidation prepared by the firm and not the official text of the Code. Repealed provisions are kept, struck through, so that references in earlier records stay traceable.
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The printed edition runs to 240 pages and carries the same text, footnotes and references as the browser below. Every section here shows the page it sits on in that PDF, so a citation taken from the screen matches the one taken from the book.

TITLE XI — ALLOTMENT OF INTERNAL REVENUE › TAXES

SEC. 287-A. Share of the Mines and Geosciences Bureau and the Metals Industry Research and Development Center in the Royalty Proceeds from Mineral Reservations

Page 180 of the PDF edition

A ten percent (10%) share of the royalty derived from mining operations within mineral reservations under Sections 151-A(A)(1) and 151-A(E) of this Code shall accrue to the Mines and Geosciences Bureau, to be allotted for special projects and other administrative expenses related to the exploration and development of other mineral reservations, as provided in Section 5 of Republic Act No. 7942, otherwise known as ‘The Philippine Mining Act of 1995’, and to the metals industry research and development center for the development of value-adding activities and downstream industries for strategic metallic ores as provided in Section 8 of Executive Order No. 79, series of 2012, institutionalizing and implementing reforms in the Philippine mining sector, providing policies and guidelines to ensure environmental protection and responsible mining in the utilization of mineral resources.

Amendment notes

  1. Enhanced Fiscal Regime for Large-Scale Metallic Mining Act (RA 12253), sec. 11, approved 5 September 2025 — new Section inserted.
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